PALAFOX STATE

Operated by LEWIS PETRO PROPERTIES, INC. (P-5 499978) in the HAWKVILLE (EAGLEFORD SHALE) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 295914District 01Field 39744500Hydrogen sulphide fieldGasSaveExport
Value, all time
$16.6 M
Oct 2023 – May 2026
Value, last 12 filed months
$5.3 M
at the published price for each month
Months reported
32
no gaps in the span
Streams
1
gas

The Railroad Commission's own record for the field this lease produces from, including the spacing rule that governs how close together its wells may be drilled.

These are facts about the field, not about this lease. The field holds 1,894 leases and 1,894 wells, and the rule below applies to all of them.

Discovered
2008-10-14
as the register files it
Field class
Oil and gas
the register's own label
Between wells
0 ft
minimum
From a lease line
330 ft
minimum

A drilling unit in this field needs at least 40 acres. The field rule took effect on 2015-08-25.

The register flags this field for hydrogen sulphide. That is a poisonous gas that occurs naturally in some formations. The flag is a property of the field as the Commission records it. It is not a measurement taken at this lease, and it is not a statement that gas is escaping anywhere.

The Commission's schedule remark for this field reads: WILL REQUIRE A REGULAR SWR 38.

What this lease produced, and what it was worth

Oil and condensate are valued on the volume the state records as disposed of; gas and casinghead gas on the volume produced. They are different columns of different files, and the difference is not cosmetic.

StreamBasisVolumeValue
GasProduction5,601,969 Mcf$16,637,150
Total$16,637,150

Every month this lease reported (32)

Volume × price = value, one row per cycle. The price columns are the same series published on the prices page — nothing here is modelled.

32 months

May 2026109,062106.413.05$332,185
Apr 2026111,44598.932.87$319,816
Mar 2026121,23389.753.15$381,816
Feb 2026119,92863.503.75$449,768
Jan 202680,08059.138.00$640,473
Dec 2025100,89156.664.41$445,268
Nov 2025123,07358.593.93$483,239
Oct 2025132,84259.383.30$439,022
Sep 2025131,48562.743.08$404,569
Aug 2025138,87363.933.01$418,669
Jul 2025145,51866.743.32$482,421
Jun 2025147,97966.483.13$462,985
May 2025168,09460.553.23$543,334
Apr 2025142,64362.363.54$505,401
Mar 2025170,92367.704.27$729,554
Feb 2025153,26070.884.34$665,277
Jan 2025173,96674.324.28$744,345
Dec 2024153,30668.993.12$478,525
Nov 2024155,90269.052.20$342,741
Oct 2024168,13871.372.28$383,590
Sep 2024196,72169.612.36$465,119
Aug 2024214,32875.632.06$442,294
Jul 2024200,98179.932.15$431,424
Jun 2024206,07978.082.63$542,808
May 2024174,69678.812.20$384,059
Apr 202490,55484.451.66$150,247
Mar 2024245,33580.301.55$379,074
Feb 2024248,04176.091.78$442,416
Jan 2024297,53873.023.30$981,179
Dec 2023330,08471.262.61$861,757
Nov 2023356,71677.892.81$1,001,502
Oct 2023292,25585.443.09$902,273

How to read this page

The arithmetic is one multiplication per stream per month. Here it is, worked, on a real row from the table above.

May 2026 — as filed, then multipliedworked
Gas              109,062 Mcf  × $  3.05 =   $332,185

────────────────────────────────────────────────────
Month total                                 $332,185

The volumes are the state's, unchanged

Every barrel and every Mcf on this page is a number the Railroad Commission of Texas published in its monthly production query. Nothing is modelled, estimated or filled in.

The dollars are a multiplication, not a valuation

Volume × a published monthly price. It is not what the operator was paid: it takes no account of a contract, a differential, a transportation deduction, or the share any one owner holds.

Oil and gas are priced differently

Oil is a Texas realisation — the crude oil first purchase price. Gas is a benchmark, because no free Texas wellhead gas series exists at any date. The prices page publishes the difference rather than correcting it away.

A lease is not a well

The state reports oil on lease and gas on well, and this page is the lease grain. 01/G/295914 is the state's own key, not one this site invented.